Monthly Rent Report
Venice Rent Report — September 2017
Asking rents in ZIP 90291, Los Angeles, from 290 listings.
Median 1BR rent in Venice was $3,249 in September 2017, up 10.3% (+$304) from August 2017 and down 3.8% year-over-year. The middle half of 1BR listings asked between $2,600 and $3,575. That puts Venice $1,349 above the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 290 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2017 | Vs. September 2016 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | −$4,000 (-61.5%) | +$750 (+42.9%) | $2,500 – $6,500 | 9 |
| 1BR | $3,249 | +$304 (+10.3%) | −$130 (-3.8%) | $2,600 – $3,575 | 78 |
| 2BR | $4,500 | −$303 (-6.3%) | $0 (0.0%) | $3,400 – $5,650 | 115 |
| 3BR | $7,000 | −$1,250 (-15.2%) | +$500 (+7.7%) | $5,900 – $10,000 | 73 |
| 4BR | $8,950 | −$4,050 (-31.2%) | −$3,800 (-29.8%) | $8,686 – $11,000 | 12 |
Median, P25, and P75 are asking rents from listings posted in September 2017. Changes compare against the nearest prior month with data.
Venice vs. Los Angeles — September 2017
| Bedrooms | Venice Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $1,645 | +$855 (+52.0%) |
| 1BR | $3,249 | $1,900 | +$1,349 (+71.0%) |
| 2BR | $4,500 | $2,571 | +$1,929 (+75.0%) |
| 3BR | $7,000 | $3,200 | +$3,800 (+118.8%) |
| 4BR | $8,950 | $4,173 | +$4,778 (+114.5%) |
Citywide figure is the median of zip-level medians across 139 Los Angeles zip codes with listings in September 2017.